Stronger brands experience more sensitivity to their pricing.

True

False

Choose an option to see if it’s correct. Check the explanation below. Learn Smarter, not Harder.

Stronger brands experience more sensitivity to their pricing.

Explanation: The correct answer is **False**. Stronger brands typically experience less sensitivity to their pricing compared to weaker or lesser-known brands. Strong brands have built trust, loyalty, and perceived value among consumers over time, which can insulate them from price competition and allow them to command premium pricing. Consumers often associate strong brands with quality, reliability, and prestige, which can outweigh considerations of price for many purchasing decisions. Additionally, strong brands may have established a unique positioning in the market, offering distinct features, benefits, or experiences that differentiate them from competitors and justify higher price points. Therefore, while pricing remains an important factor in consumer decision-making, stronger brands generally have more pricing power and are less susceptible to price sensitivity compared to weaker brands, making the statement 'Stronger brands experience more sensitivity to their pricing' false.

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Stronger brands experience more sensitivity to their pricing.